18 Merton Street 506, Toronto, ON M4S 3G9
Utilities includedHeat · Water · Central Air Conditioning
Also includedCommon Elements · Parking · Building Insurance
- Maintenance fee
- $1,617 / month
- Property tax
- $4,125 / year
- Included in the fee
- Heat, Water, Common Elements, Parking, CAC, Building Insurance
There is a lot to like about this bright and spacious two-bedroom, three-bathroom loft. Spanning two levels, Suite 506 offers over 1,000 square feet of living space and feels even larger thanks to the dramatic 17-foot ceilings in the dining room and expansive floor-to-ceiling, wall-to-wall windows that flood the space with natural light. The updated kitchen features custom Pedini cabinetry, quartz countertops, and premium Bosch appliances. Both the kitchen and dining area provide direct access to a large, covered balcony that is a perfect extension of the living space. The spacious living room is enhanced by custom built-in shelving and a custom integrated entertainment unit, creating both functionality and style. The standout feature is the massive primary bedroom, which easily accommodates a king-sized bed, dresser, and nightstands. It includes a walk-in closet, a 4-piece ensuite with a window, and a walkout to a private balcony. The second bedroom also offers a walk-in closet and its own 4-piece ensuite, ideal for guests or family. Additional upgrades include custom under-stair storage, sleek glass stair railings, and a recently renovated main floor powder room featuring new tile, vanity, and toilet, along with the addition of extra storage space. The unit includes one parking space and one locker. Please note "other" in room details is the balcony. Residents enjoy access to building amenities such as a fitness centre and an outdoor patio with BBQ. 18 Merton Street is a boutique-style building that offers a true sense of community and is perfectly situated in a vibrant neighbourhood where you are just steps from shops, restaurants, grocery stores, pubs, parks, and the TTC Davisville subway station. Outdoor enthusiasts will love having the Beltline Trail right at their doorstep-ideal for walking, running, or cycling.
- MLS number
- C13770224
- Type
- Condo Apartment
- Status
- Active
- Bedrooms
- 2
- Bathrooms
- 3
- Postal code
- M4S 3G9
- Photos
- 46
- Locker
- Yes — Owned (locker 62, level B)
- Laundry
- In the unit — In-Suite Laundry
- Included in the fee
- Heat, Water, Common Elements, Parking, CAC, Building Insurance
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Condo Apartment
- Style
- Loft
- Class
- Residential Condo & Other
- Exposure
- South
- Community
- Mount Pleasant West
- Municipality
- Toronto C10
- Cross street
- Yonge and Merton
Inside
- Bedrooms
- 2
- Bedrooms above grade
- 2
- Bathrooms
- 3
- Washrooms
- 1 on the second floor · 1 on the second floor · 1 on the ground floor
- Kitchens
- 1
- Rooms above grade
- 5
- Basement
- None
- Size
- 1000-1199
Building
- Construction
- Brick
- Balcony
- Open
Parking
- Garage
- Underground
- Covered spaces
- 1
- Driveway spaces
- 1
- Total parking
- 1
- Features
- Underground
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Condominium
- Fee
- $1,617 / month
- Fee includes
- Heat Included, Water Included, Common Elements Included, Parking Included, CAC Included, Building Insurance Included
- Amenities
- Visitor Parking, Gym, Rooftop Deck/Garden
- Pets
- Yes-with Restrictions
Features
- Property
- Greenbelt/Conservation, Hospital, Park, Library, Public Transit, School
- Interior
- Carpet Free
Listing
- MLS number
- C13770224
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-10
- Expires
- 2026-11-30
- Taxes
- $4,125 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 3 times.
Where this property is
Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.
Matched to the building rather than the unit — every unit in a tower shares one coordinate.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
School boundaries this address is inside
Where these boundaries come from, and what they are worth
A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.
Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.
Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.
Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Spectrum Alternative Senior School Toronto DSB | Elementary | 322 m | Not reported |
| The York School, Junior School | Elementary | 496 m | Not reported |
| The Study Academy | Secondary | 584 m | Not reported |
| Deer Park Junior and Senior Public School Toronto DSB | Elementary | 826 m | / 10 84% met the standard |
| Toronto Prep School | Elementary and secondary | 734 m | Not reported |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
The market around this home
Condo Apartments in Mount Pleasant West — 728 sales over the last five years.
How these are built, and what they cannot tell you
Each point is the median of the sales that closed in that quarter among condo apartments in mount pleasant west. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.
This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.
Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 1,768 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35204469 — the few blocks around this address, home to 1,768 people. It describes the area, not this property.
Percentages are of the 1,255 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
What’s being built nearby
Planning applications within 500 m — 8 still in progress.
The current proposal seeks to add an additional 10 storeys to each tower resulting in a total height of 48 and 55 storeys (165.3 metres and 186.3 metres to the top of the mechanical penthouses), inclusive of the previously approved 5 and 7-storey base building…
City planning file →Zoning By-law Amendment for a 45-storey mixed-use building. The building will contain 379 residential units, 9 of which are rental replacement units, with commercial at grade.
City planning file →Site Plan Approval for a 36-storey mixed-use residential building, which includes the partial retention of the existing heritage building at 170 Merton Street.…
City planning file →Housing Now Development Site Plan Approval to permit a 29-storey mixed use building with 294 residential.
City planning file →Proposed 38 and 45 storey towers, plus MPH, totaling 59,998.22 sq.m. residential GFA and 5,873.08 sq.m. non-residential for an FSI of 11.47. 818 units are proposed and 336 parking spaces.
City planning file →Proposed redevelopment of the site for an 11-storey mixed-use building fronting onto Yonge Street, and connected to seven 3-storey townhouse units fronting onto Tullis Drive.
City planning file →Proposed 32-storey infill tower. The existing 20-storey. 313-unit rental apartment building currently on site will be retained.…
City planning file →What these are
These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.
Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.
Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.